Buy USD/CHF – 30M – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.

A bullish movement up to the next resistance level at 0.78474 is certain.

Caution: A possible change in the direction of the support zone at 0.78198 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘Three Outside Up’ chart pattern is found. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.79247
2nd High 0.79229
Next High 0.78474
Current Price 0.78405
Next Low 0.78198
2nd Low 0.77994
3rd Low 0.7783

0.78474 – 0.78468 – 0.78183 – 0.78198 – 0.77994 – 0.7783 —
0.78378 – 0.78380 —
56.371064434274 – 52.80008962356 —
– —
0.78474 – 1777923000

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